Blog: Dermot Cole

Palin says she's not glad to see rising oil prices

Published Tuesday, June 9, 2009

Gov. Sarah Palin told TV commentator Sean Hannity that despite the state dependence on oil revenue for 85 percent of its budget, she is not happy about rising oil prices.

She also said that in "about a week" she will have "really good exciting news" for the rest of the country about how the gas pipeline is going to be built.

In the interview played Monday on Fox, Palin said she doesn't like the idea of higher oil prices.

“You know people say, hey Alaska, 85 percent of your state budget is based on the price of a barrel of oil, aren’t you glad the price is going up?"

The answer is no, she said.

"The fewer dollars that the state of Alaska government has the fewer dollars we spend and that’s good for our families and for the private sector. But the dollars that we have and of course we have to be prudent and wise with. The price of a barrel of oil is going up. There is a greater demand for natural gas. It is increasing. We have to tap those North Slope reserves and we’re on target to do that."

“And in about a week we have some really good exciting news that we get to give the rest of America on how it is that we’re going build that infrastructure. The private sector will build the infrastructure, will flow very rich resources of natural gas into the Lower 48.”

There has been some speculation that TransCanada has been talking with Exxon, but we don't know if that is what Palin is referring to.

In any event, it seems that the state will have to negotiate with the major oil companies on long-term tax rates, which could be another major obstacle.

  1. Grumpy1
    6/9/2009, 11:22 a.m.
    Suggest removal

    "...in "about a week" she will have "really good exciting news" for the rest of the country..."

    Yes, because she's always addressing "the rest of the country" and not Alaskans. Someone needs to tell this woman that prices never went DOWN in the first place! Perhaps she hasn't been in-state long enough to notice?

    I have a friend down south who - until recently - was paying $1.20/gallon for gas! I can't remember when I last saw the price up here under $2.50/gallon! There's "no price gouging", so I wonder why that is?

  2. Oh_please
    6/9/2009, 11:55 a.m.
    Suggest removal

    Well, at least he has a job, AGPA... So he's got that going for him, right?

  3. North_pole_rules
    6/9/2009, 12:04 p.m.
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    Dermot, your liberal is showing again, tuck it away

  4. Shokd
    6/9/2009, 12:07 p.m.
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    "really good exciting news" for the rest of the country...
    Interesting. You'd think her own state might know what she's talking about first.
    Then again, I've lost all confidence that SHE knows what she's talking about.

  5. Oh_please
    6/9/2009, 12:09 p.m.
    Suggest removal

    Pray tell, North_pole_rules, what exactly in Dermot's column up there is 'liberal'.

    Your knee jerking is showing, North_pole_rules, tuck it away.

  6. andora
    6/9/2009, 12:34 p.m.
    Suggest removal

    I am paying $5.57 a gallon for gasoline in Dillingham. It came down all the way from $6.37 a gallon since last fall. We are definitely paying much more for our fuel than any community on the railbelt. Does our state care? And as far as the natural gas pipeline is concerned, two administrations have ignored the votes of 143,000 Alaskans who want an All-Alaska Natural Gas Pipeline. We need natural gas and propane to lower our cost of diesel so that we can have lower cost electricity. Many of our villages are paying over 90 cents a kwh. Who in the railbelt would ever tolerate that? We need an energy policy that treats everyone equally. We need a statewide energy grid and whenever there is a large scale energy project, the state needs to use our money to get low cost energy to all Alaskans, not just the railbelt.

  7. Alaska1
    6/9/2009, 1:09 p.m.
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    Well stated Andora. What can a "city-slicker" that lives in Fairbanks do to help you who live in the bush? I foresee a day where the majority of the bush is forced to either go back to the way of life that was before military/oil or move to the big city. Those of you living in places that are feeding the commercial industries will at least have more options.. but perhaps not profit

  8. bluetarp
    6/9/2009, 2:11 p.m.
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    Back to the old 'Palin Slam' eh, Derm?

    Did she really say "The pice of a barrel of oil is going up."?

    What exactly is a Pice? Will this effect the cost? Can we get these pices made in China to save some state dollars? Why can't you report on these important things?

    Good job, Cole! Great reporting.
    Thanks,
    Bluetarp

  9. robir8
    6/9/2009, 2:12 p.m.
    Suggest removal

    I want free geothermal. Pray AGPA do tell me how I can get mine?

  10. NotPc
    6/9/2009, 2:53 p.m.
    Suggest removal

    I think Oh_please is a stay at home Mom.

  11. FreeDarfur
    6/9/2009, 3:34 p.m.
    Suggest removal

    Denali and Trans Canada will form a partnership to build a gas line and ship the producers gas. That's my guess. Palin probably won't run for Governor and she will move her and her family where she can become a big player in the national scene. She has her sights on much bigger things than Alaska can offer.

  12. Oh_please
    6/9/2009, 4:34 p.m.
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    So bitter. So very, very bitter... lol. Please continue with your tears of impotent rage.

    And CONGRATS, AGPA! You made the list! I'm sorry your grape is kind of in the background but if you continue to apply yourself and whine hard I may move you to the front of the pack!

    http://img35.imageshack.us/img35/3723/so...

  13. goldstream101
    6/9/2009, 5 p.m.
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    <<<<<The fewer dollars that the state of Alaska government has the fewer dollars we spend and that’s good for our families and for the private sector.>>>>

    gawd, can she be any more of an IDIOT??????

    she, of course, doesn't mean this, but she is playing to the wackos on the far right who think that government is a bad thing.

    nice to note that she is doing another HARD HITTING interview with fixed news.....greta and hannity.....

  14. terrencemcole
    6/9/2009, 5:45 p.m.
    Suggest removal

    I find it a sad reflection on the community that so many of the people who comment regularly on NewsMiner stories are so unbelievably rude and impolite, but I think "Oh Please" has the right idea on the only proper response!!

    Your picture of the sour grapes bunch just made me laugh!

  15. whynot
    6/9/2009, 6:09 p.m.
    Suggest removal

    Boondoggle, North Pole, bluetarp - Dermot Cole was reporting on an interview Palin gave to Hannity. He wasn't editorializing, he was simply reporting on what she said. Believe me, you can't make this stuff up - Palin really did say those things and so much more. Or less - depending upon how you look at it.

    Here, for example, are her comments regarding the stimulus funds: "Well, I vetoed a bucket of the money, not a whole lot, we did accept education dollars and infrastructure dollars, but dollars that were tied to universal energy building codes for Alaska, kind of a one-size-fits-all building code that isn't going to work up there in Alaska and really prohibits opportunity to build and to develop, and just wasn't going to work up there in Alaska, so I vetoed a bucket of that money.

    Our lawmakers now are considering they override of the veto which is cool, that's checks and balances. You know they can explore that."

    Well, that's nice - letting them (the legislators) explore
    "that"... Kinda the American way and all...

    But her real ambitions are clear. When Hannity asked if she missed the spotlight, or if she preferred her time in Alaska, she replied: "I love my time in Alaska. At the same time, though, I crave, if not my voice, but other voices out there, being bold, being strong, letting Americans know that those who are concerned about the growth of government and about national security issues, they're not alone.

    There are others who are empathizing and more than empathizing, we're wanting to take action to make sure that economically and physically that our home land is safe and secure."

    And yet, a girl can't reveal too much:

    HANNITY: Well, listen, I know we're going to be at some hearing from you in the future about your political future. You're not ready to announce anything today?

    PALIN: Heck no

    Awwww... Always leave 'em wanting more!

  16. AlaskaPhil
    6/9/2009, 6:19 p.m.
    Suggest removal

    Since the state does not control the price of oil, and that money fills our coffers, I am not clear why the Governor wants oil prices to be lower. SOME of that money does go to Alaska's Permanent Fund. The voters should protest legislative squandering of that income, but come on, get a good price for our resources! Meanwhile, I agree with terrence, that there is too much vitriol from people commenting here. For one thing, as an excellent columnist Dermot writes what he thinks. Columns are NOT reporting, so much as interpretation. Why all the anger? If you see it differently, why not just refute his interpretation. In this case it seems what he quoted was as close to straight reporting as his column has gotten in a while. Vitriolic response is generally recognized as evidence that the writer is inarticulate. Not helpful.

  17. robir8
    6/9/2009, 7:47 p.m.
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    Being an Oil And Gas man I'd like to see prices between $70 and $80. Good return for resources that can't be replaced and not as hard to swallow as $100/$150.

  18. whynot
    6/9/2009, 9:33 p.m.
    Suggest removal

    Boondoggle - "Try this one - "In any event, it seems that the state will have to negotiate with the major oil companies on long-term tax rates, which could be another major obstacle."

    Hmmm.....not only was he editorializing, he did it with his typical liberal spin."

    Really??? How is that "liberal"??? Let's break this down. Is it that you don't believe that the state will face further negotiations with the major oil companies? Or do not not feel that negotiations with the major oil companies would be a major obstacle? Or, is it the syntax of the sentence that sets your conservative teeth on edge? Pray tell, where is the liberal spin on that simple declarative sentence?

    Read the transcript of the Palin/Hannity interview, and count, if you can, the number of conservative rhetorical statements contained therein. Then please, tell us again how Dermot Cole is spinning liberal opinion all over the pages of the Daily News Miner.

    http://www.foxnews.com/story/0,2933,5255...

  19. dobieman
    6/9/2009, 10:10 p.m.
    Suggest removal

    And Boondgoggle bests his/her personal record of 177 entries in one month with a new record of over 190 entries in just his/her second month of being on here. Here's to Boondoggle's not having a life! YEAY!
    Gee whiz, and to think it was just yesterday he/she was posting about my paltry 55 or so a month and all worried about how that might impact my personal life. Golly, that means for every one I post he/she is posting almost 4 of his/her own.
    But, I guess when you are the self-appointed committee of one to determine what is liberal and what is conservative commentary, one doesn't have much time for anything else. Now, let's see those Boondoggle comments come pouring in in response! Maybe he/she can go over the 200 mark before tomorrow evening!!

  20. dobieman
    6/9/2009, 10:18 p.m.
    Suggest removal

    whynot, Oh_Please....you have to understand Boondoggle's frame of reference. He/she is an ardent fan of Rush Limbaugh's. Fans of Rush are, by their very nature, incapable of independent thought. I often picture those few times when maybe due to a power failure or some such they don't get their daily dose of Rushness how they must just sit there, slack-jawed and unable to move for the day. Then, his show comes on the next day and once again they can function...after a fashion.
    So, if anything comes along that seems at odds with Rushie's little girlfriend, Sarah, the Rushettes know to call it "liberal" and start demonizing it. It's instinctive with them (which is about all they have to go on by way of brain function when Rushie's off the air for the day). Thus, Dermot has written this terribly liberal piece that just reeks of anti-Palinism and, well, we can't have that in the Land of Independent Thought! Tsk!

  21. dobieman
    6/9/2009, 10:28 p.m.
    Suggest removal

    And Boondoggle goes for the 200-entry barrier, hoping to break it before midnight! Go, Boon, go! You can do it, fer sure!

    Here's a little clue how to deal with both Boondoggle and Sarah Palin. Consider them as the entertainment they are. If you try to take eiither seriously, you're in for a headache. But viewed as, say, Laurel and Hardy or Abbott and Costello, they make a great deal more sense.
    Now, I'm more fortunate than many of you. Anyone can get entertainment on a tv; just push the ON button. But, when I want a good laugh, all I have to do is post anything here and within seconds ol' Boonie will be sure to appear with some "witticism" that he/she is sure to think a scathing rebuttal. Lordy, it's just like having a tv remote attuned specifically for Boondoggle! Wheee!

  22. glow
    6/9/2009, 10:41 p.m.
    Suggest removal

    I would have more confidence in Governor Palin's economic decisions if there was any evidence that she knows what she is talking about. Her claim that it is good for Alaskans when the state does not have money to spend is ridiculous, and demonstrates how little she knows. I was reminded recently on another news site that Governor Palin earned a D in her college macroeconomics class. She has apparently reached the end of her understanding about economics, and here she is holding Alaska's pursestrings.

  23. dobieman
    6/9/2009, 10:42 p.m.
    Suggest removal

    As one of the earlier posters has accurately posited, the seeming conflict in what Sarah is saying about increasing oil prices and her personal take on it is more a reflection of her preoccupation with the national stage. While you can be excused for thinking any Alaskan governor in their right mind understands the benefit accrued to Alaska's treasury by heightened oil prices, Palin is neither in her right mind (has she ever been?) nor is she thinking of Alaska. She is again posturing on the national stage, feigning an empathy with all those folk down in the Lower '48 who feel beset by higher per-barrel prices. In her mind, she is already running for president and what happens to Alaska is her concern only insofar as it contributes to her ambitions.
    That's clear to any but a handful of her kowtowing followers. In fact, that is the dilemma she faces in 2010. Does she run for governor again and lie, saying she wants to serve Alaska (while knowing full well she intends on running in 2012 for a higher office) or does she admit she plans on stepping out of office, once again as she did in 2008, and going for the presidency thereby incurring the possible loss of the gubernatorial election? Honesty or subterfuge? Well..heh..that's hardly even a rhetorical question 'cause it sure isn't going to be honesty if it might at all cost her politically.

  24. dobieman
    6/9/2009, 10:50 p.m.
    Suggest removal

    Uh..Andrew? The word is "compliment". I'll grant you in some ways Boonie is a "complement" to Palin the way that Beavis complements Butthead but be assured no compliment is intended. Indeed, judging from the past presidential election as well as the recent poll numbers you and Boonie are in a decided minority. Puts one in mind of how Sarah's negatives, according to a Hayes Poll done last week, have risen to 42 points while her positives in Alaska have dropped to 54. And the decline continues for her, I'm pleased to say. I wouldn't be surprised if by this time next year she rivals Frank Murkowski in rapidity of ratings decline. Heck, all she has to do is continue to be herself. *Grin*

  25. Barks
    6/9/2009, 11:38 p.m.
    Suggest removal

    Today natural gas was $3.77 on the commodity futures . Now maybe there is a rabbit in the hat that can be pulled out . We should all set back and wait a week or ten days to give a little leeway to see what the big news is . Palin could be right , or by then she might prove that she is really a wacko . Personally I like to see the price of oil high . When it is high the permanent fund check seems to be much larger . When the oil is lower , maybe no check at all . When it is high I may spend all the check on heating , but it pays for it . when there is no check I will have to pay from other sources .
    Dermot Cole does a good job here almost all the time and most usually he is correct . There are some that just listen to Rush , and Hannity , they never hear the whole truth , so they never recognize the truth when they see or hear it
    If half truths are considered as half lies , then Rush , and Hannity must be about tied neck and neck as the worlds number one liars . I could be wrong about them being number one , We have that guy in North Korea , and that guy in Iran , I am not going to mention Bush or Cheney !!!

  26. NotPc
    6/10/2009, 12:28 a.m.
    Suggest removal

    Barks ........you forgot Keith Olbermann he's number 1.right behind dobieman *Wink* (Is that how you do it dobie?)

  27. Villanova
    6/10/2009, 7:41 a.m.
    Suggest removal

    Stop the madness! I am a lifelong, God fearing Republican but I can't for the life of me grasp why half the folks in this State along w/ respected elements of our party nationally, believe Palin is some kind of savior or even mildly competent. She has no grasp of simple economics, and whats with the way she talks: awesome and cool, (also)? I mean, read her quotes, they are shockingly dumb and frankly embarassing, this is what we call a party leader? You have to re-read her statements in the hope that she "didn't say what I think she said did she?", but she did.
    Oh and I wouldn't be surprised if "the big news on the gasline" was Lisa's inclusion of $30bn in Fed guarantees. A pity because that thing is inches from death due to Palin's incompetence too. People, please encourage SP to go away before she destroys the remaining credulity the State and national GOP have left. The Dems are loving this.

  28. DistantThunder
    6/10/2009, 8:55 a.m.
    Suggest removal

    I'd rather be building GREENHOUSES than jousting at the windbags/gasbags like Don Quixote ..
    http://images.google.com/images?hl=en&am...

    VERTIGROW Glen Kertz----------

    http://www.youtube.com/watch?v=vxNeBQCRv...
    ---
    http://www.youtube.com/watch?v=bGgZtY1r1...
    ---
    http://www.youtube.com/watch?v=EleWvh8A6...
    ---
    http://www.youtube.com/watch?v=YkOs0bBPi...

    ==================
    Lots of folks are still revisiting my slideshow...
    http://s281.photobucket.com/albums/kk209...
    The Megapipe to the Tarpits of Alberta is a hollow idea torn from the pages of a 1958 Sears Catalog...
    it's a really stupid way to squander another $50billion+++^^^+++
    MONOPOLY CONTROL ??
    QUESTION AUTHORITY
    ...take a really careful look at the complete collection of bridge-shipper agreements, might as well be confetti.

  29. Smokeythebear
    6/10/2009, 9:38 a.m.
    Suggest removal

    She said she doesn't like higher oil price which means higher gas prices and heating oil for Alaska. Prices will remain hight her until we get refineries to refine gas for the consumer and NOT jet fuel. Let the Fed's government pay the high by import their fuel from the lower 48 then they might start care about the high cost of fuel. As for the Airlines they are screwing the Alaska consumer already and we pay higher prices so they can have cheaper fuel. With natural gas the state can make up the lost of revenue in oil prices in which we sell to the country. Makes sense and better for the Alaska people.

  30. justasking
    6/10/2009, 1:01 p.m.
    Suggest removal

    there is not going to be a gasline in the near to medium future.

  31. someguyinfbx
    6/10/2009, 1:45 p.m.
    Suggest removal

    How can anyone really trust what Ms. Palin says after she says stuff like this on national news~

    PALIN: We are the only state with a negative tax rate where we don't have any income, sales or property tax statewide, and yes we have a share of our oil resource revenue that goes back to the people that own the resources. Imagine that.

    HANNITY: And it went up higher since you've been the governor and you negotiated with the oil companies. That all went up so people get a bigger check.

    PALIN: There was a corrupt tax system up there and we had a couple of lawmakers end up in jail because of the tax system that was adopted so we cleaned it up and said we wanted a fair and equitable share of the resources that we own, and the people will share in those resource revenues that are derived.

    ~ I'm glad that I no longer have to pay my property taxes(curious as to when that ended so I can be refunded every dime I've paid plus interest) since she said "STATEWIDE" and next time I'm in North Pole don't anyone try and charge me sales tax on anything.

  32. suggins
    6/19/2009, 9:39 p.m.
    Suggest removal

    someguyinfbx--

    You obviously do not know what "statewide" sales and property taxes means.

    Alaska residents pay taxes (if any) to a city, not to the state.

    No property tax refund for you, and I guess if you don't want to pay NP city sales taxes, then don't shop there.

    http://www.bankrate.com/yho/itax/edit/st...

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